|
REAL ESTATE DEED OF TRUST
<br />Iv ♦ (With Future Advance Clause) -J
<br />❑ Construction Security Agreement �..
<br />1. DATE AND PARTIES- The date of this Deed of Trust (Security Instrument) is ............... ..05•x,5, - 200,2,,,,,,,,,,,,,,,,
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: Steven Jay Arnett and Sara Jane Arnett, Husband and Wife
<br />1503 West Street
<br />Woad River, NE 68883
<br />"1l
<br />•,j 470.90.3893, 507 -76 -5310
<br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE: Heritage Bank
<br />110 East 9th Street
<br />Wood River. NE 68883
<br />47. 0098350
<br />BENEFICIARY: Heritage Bank
<br />Organized and existing under the laws of the state of Nebraska
<br />110 East 9th Street
<br />P.O. Box 487 Wood River, NE 68883
<br />47.0098350
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to
<br />secure the Secured Debt (defined below) and Truster's performance under this Security Instrument, Trustor irrevocably
<br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described
<br />property: LOT SIX (6), THELEN SUBDIVISION, FIRST ADDITION, WOOD RIVER, HALL COUNTY, NEBRASKA.
<br />The property is located in .. ............................... Hall at 1503,West Street
<br />........................ .
<br />(County)
<br />........................ ............................... .................... Wood River.................., Nebraska ........688$3........
<br />(Address) (City) (ZIP Cnde)
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian
<br />rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may
<br />now, or at any time in the future, he part of the real estate described above (all referred to as "Property").
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br />not exceed $ . 109, 00, 0D ...... ............................... . This limitation of amount does not include interest and other fees
<br />and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under
<br />the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this
<br />Security Instrument.
<br />4. SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt" is defined as follows:
<br />A. Debt incurred under the terms of all promissory note(s), coutraet(s), guaraity(s) or other evidence of debt described
<br />below and all their extensions, renewals, modifications or substitutions. (You must specifically identify the debt(s)
<br />secured and you should include the final maturity date of such debt(s).)
<br />Steven Jay and Sara Jane Arnett Home Equity Line of Credit dated 5.25.2002 in the amount of $ 100,000 matures 5.25.2007.
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 of 4)
<br />111994 Bankers Systems, Inc., SL CIwO, MN Form OCP- REDT -NE 1113/99
<br />D
<br />C
<br />N
<br />c n
<br />ro
<br />N
<br />2
<br />foil
<br />r�l
<br />L
<br />K r°'
<br />O
<br />13.
<br />\
<br />x
<br />CD
<br />rn
<br />co
<br />�
<br />.�
<br />200 `4 06101
<br />r1
<br />CD
<br />\r
<br />co
<br />cn
<br />State of Nebraska
<br />Space Above This Line
<br />For Recording Data
<br />REAL ESTATE DEED OF TRUST
<br />Iv ♦ (With Future Advance Clause) -J
<br />❑ Construction Security Agreement �..
<br />1. DATE AND PARTIES- The date of this Deed of Trust (Security Instrument) is ............... ..05•x,5, - 200,2,,,,,,,,,,,,,,,,
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: Steven Jay Arnett and Sara Jane Arnett, Husband and Wife
<br />1503 West Street
<br />Woad River, NE 68883
<br />"1l
<br />•,j 470.90.3893, 507 -76 -5310
<br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE: Heritage Bank
<br />110 East 9th Street
<br />Wood River. NE 68883
<br />47. 0098350
<br />BENEFICIARY: Heritage Bank
<br />Organized and existing under the laws of the state of Nebraska
<br />110 East 9th Street
<br />P.O. Box 487 Wood River, NE 68883
<br />47.0098350
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to
<br />secure the Secured Debt (defined below) and Truster's performance under this Security Instrument, Trustor irrevocably
<br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described
<br />property: LOT SIX (6), THELEN SUBDIVISION, FIRST ADDITION, WOOD RIVER, HALL COUNTY, NEBRASKA.
<br />The property is located in .. ............................... Hall at 1503,West Street
<br />........................ .
<br />(County)
<br />........................ ............................... .................... Wood River.................., Nebraska ........688$3........
<br />(Address) (City) (ZIP Cnde)
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian
<br />rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may
<br />now, or at any time in the future, he part of the real estate described above (all referred to as "Property").
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br />not exceed $ . 109, 00, 0D ...... ............................... . This limitation of amount does not include interest and other fees
<br />and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under
<br />the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this
<br />Security Instrument.
<br />4. SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt" is defined as follows:
<br />A. Debt incurred under the terms of all promissory note(s), coutraet(s), guaraity(s) or other evidence of debt described
<br />below and all their extensions, renewals, modifications or substitutions. (You must specifically identify the debt(s)
<br />secured and you should include the final maturity date of such debt(s).)
<br />Steven Jay and Sara Jane Arnett Home Equity Line of Credit dated 5.25.2002 in the amount of $ 100,000 matures 5.25.2007.
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 of 4)
<br />111994 Bankers Systems, Inc., SL CIwO, MN Form OCP- REDT -NE 1113/99
<br />
|